Sunday, February 6, 2011

Way Back Machine

The Way Back Machine is a search engine that retrieves past versions of websites. You enter a website address and the Way Back Machine retrieves from its Internet archive all previous, captured versions of that website. This may be of practical use or it may provide amusement in looking back at previous versions of websites. Try out the Way Back Machine at archive.org.
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Saturday, February 5, 2011

Chapter 11

Chapter 11 bankruptcy is a reorganization process available to any corporation as well as individuals within certain conditions. Chapter 11 makes sense when long-term revenue is higher than liquidation of assets. It is essentially a payment plan to creditors while the company continues normal operations and works toward making a fresh start after completing the Chapter 11 process.
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Chapter 11

Chapter 11 bankruptcy is a reorganization process available to any corporation as well as individuals within certain conditions. Chapter 11 makes sense when long-term revenue is higher than liquidation of assets. It is essentially a payment plan to creditors while the company continues normal operations and works toward making a fresh start after completing the Chapter 11 process.
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Friday, February 4, 2011

Balanced Scorecard

The Balanced Scorecard concept is a management and measurement system which enables organizations to clarify their vision and strategy and translate them into action. The goal of the balanced scorecard is to tie business performance to organizational strategy by measuring results in four areas: financial performance, customer knowledge, internal business processes, and learning and growth.
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Thursday, February 3, 2011

Who Moved My Cheese

The bestselling book "Who Moved My Cheese, An Amazing Way to Deal with Change in Your Work and in Your Life" is about adjusting to accept change. The book tells a brief tale of two mice and two humans who live in a maze and are faced with the issue where someone moves their cheese. Positive principles are to anticipate change, let go of the old, and do what you would do if you were not afraid.
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Wednesday, February 2, 2011

The Peter Principle

The "Peter Principle" is the theory suggesting that employees within an organization will advance to their highest level of competence and then be promoted to a level at which they are incompetent. Canadian-born author Laurence Johnston Peter coined and described this concept in his classic "The Peter Principal", a national bestselling book published in 1969.
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Tuesday, February 1, 2011

Flow

American psychologist Mihaly Csikszentmihalyi defines the concept of "flow" as a heightened condition of focus, productivity and happiness that most humans strive for. People who emerge from flow experiences are more self-confident, capable, and sensitive. Many organizations recognize Csikszentmihalyi's flow concepts in their management philosophy in order to increase creativity and productivity.
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